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KCC

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uuid003a44x

Namestring
KCC
Legal namestring
KCC Corporation
Websiteurl
kccworld.co.kr
Company typeenum
Public
Founded yearint
1974
Descriptiontext

KCC Corporation (KRX: 002380) is a South Korean diversified materials manufacturer founded in 1974, headquartered in Seoul, and employing 1,001–5,000 people. The company's portfolio spans industrial and architectural paints and coatings, silicone products (expanded through the March 2024 acquisition of Momentive), chlorinated paraffins and silanes for industrial chemistry, and construction materials. It is identified as a leading paint manufacturer in South Korea with established market presence in automotive OEM coatings and specialty chemicals.

The company generates revenue primarily through B2B hardware sales across multiple verticals: automotive coatings and silicones for vehicle OEMs, chlorinated paraffins (PVC plasticization, flame retardants, lubricant additives) for industrial manufacturers, shipbuilding solutions via its HD Hyundai partnership (Total Hull Care autonomous hull management), and — via the ASCENT-K Circuit joint venture — advanced multi-layer PCBs for India's electronics manufacturing sector. KCC also extends its brand into consumer/lifestyle goods through partnerships such as Seoul Metropolitan Government's 'Morning Yellow' 2026 city branding initiative.

KCC's go-to-market is enterprise field sales targeting large industrial buyers, supplemented by OEM/embedded partnerships (India PCB JV, HD Hyundai hull care) and regional distribution channels in Southeast Asia for chlorinated paraffin products. Reported revenue of approximately 4.49 trillion KRW in 2025 (~$3.3B USD) places KCC in the multi-billion-dollar industrial materials segment, with a deliberately diversified horizontal segmentation strategy across chemicals, coatings, silicones, and electronics materials.

Short descriptiontext

KCC Corporation is a South Korean diversified materials manufacturer producing paints, coatings, silicones, chlorinated paraffins, and construction materials. It serves automotive, construction, shipbuilding, and electronics manufacturers through B2B enterprise sales and joint ventures in South Korea, India, and Southeast Asia.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSeocho, South Korea
HQ citystring
Seocho
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial paints coatings, chlorinated paraffins, silicone products, construction materials, specialty chemicals
Industry2 codes
1Chlor-Alkali & Derivatives
CodeIMAEAAACPrimaryNo
2PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC)
CodeIMAEADAFPrimaryNo
NAICS code3 codes
  • Paint and Coating Manufacturing325510
  • Paint and Coating Manufacturing32551
  • Semiconductor and Other Electronic Component Manufacturing3344
SIC code4 codes
  • Coating, Engraving & Allied Services3470
  • Chemicals & Allied Products2800
  • Industrial Organic Chemicals2860
  • Printed Circuit Boards3672
Product category
Industrial Coatings and Specialty Chemicals
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Chlorinated Paraffin Sales
TypeHardware Sales
Description

KCC generates revenue through manufacturing and supplying medium-chain chlorinated paraffins (MCCP) for industrial applications including PVC plasticization, flame retardants, and industrial lubricant additives, with a USD 28 million annual supply partnership in Southeast Asia.

einpresswire.com
2Paint and Coatings Products
TypeHardware Sales
Description

Revenue from production and sale of paints, coatings, and related building materials to industrial and consumer markets in South Korea and international markets.

koreatimes.co.kr
3Joint Venture PCB Manufacturing
TypeHardware Sales
Description

Through ASCENT-K Circuit joint venture with ASCENT, KCC participates in advanced PCB manufacturing operations in India with Rs 3,250 crore investment commitment, targeting the domestic Indian market for electronics manufacturing.

financialexpress.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

KCC Corporation manufactures and sells paints, coatings, silicone products, and specialty chemical materials including medium-chain chlorinated paraffins (MCCP) and silanes for industrial applications. The company serves automotive OEMs, construction companies, shipbuilders, and industrial manufacturers across South Korea and international markets in Southeast Asia and India.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • USD 28 million annual MCCP supply partnership in Southeast Asia
+1 more record
Product overview1 text field

KCC is a South Korean paint and coatings manufacturer (stock code: 002380). The company produces industrial and architectural paints, and has operations in various chemical and materials sectors including silicones and chlorinated paraffins. KCC's primary product line consists of paints and coatings for construction and industrial applications.

Product and service1 record
1KCC Paints and Coatings
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
1ASCENT-K Circuit
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-27
Description

ASCENT-K Circuit is a joint venture between KCC and India's ASCENT for advanced PCB manufacturing. KCC's partnership involves Rs 3,250 crore investment in a manufacturing facility in Jewar, Uttar Pradesh, India. The facility will produce advanced multi-layer PCBs to serve India's electronics manufacturing industry and reduce the country's Rs 40,000 crore annual PCB import dependence. The partnership is expected to generate 3,000 jobs and position India as a leading electronics and semiconductor manufacturing hub.

financialexpress.com
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-06-17
Description

KCC signed a memorandum of understanding with HD Hyundai Heavy Industries and five other affiliated companies and partners to jointly develop and commercialize a Total Hull Care Solution for the shipbuilding industry. The solution will be the industry's first robot- and data-driven integrated hull management system, automating hull inspection, cleaning, and performance verification using autonomous underwater robots. The initiative aims to reduce vessel fuel consumption and carbon emissions.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-05-26
Description

KCC partnered with Seoul Metropolitan Government for the 'Morning Yellow' 2026 city branding initiative. KCC produces standardized paints inspired by Seoul's official 2026 city color 'Morning Yellow' and eco-friendly home goods. Products are sold at the DDP Design Store and through brand partners' online stores, extending Seoul's visual identity campaign into everyday consumer goods.

4Southeast Asia Industrial Partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

KCC Corporation has established a USD 28 million annual MCCP (Medium-Chain Chlorinated Paraffin) supply partnership in Southeast Asia. This partnership serves industrial applications in PVC plasticization, flame retardant, and industrial lubricant additive sectors across the ASEAN region, supporting regulatory shifts away from short-chain chlorinated paraffins under the Stockholm Convention.

einpresswire.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Diversified global chemical major with a coatings segment and broad specialty chemicals portfolio (silicones-adjacent, additives); relevant comparison given KCC's Momentive silicones and chlorinated paraffins lines.

TypeDirect peer
Description

Korean petrochemicals and specialty materials company producing chlorinated paraffins, synthetic rubbers, and other industrial chemicals; directly overlaps with KCC's MCCP business.

TypeBroad incumbent
Description

Global paints and coatings leader with decorative, industrial, and specialty segments; overlaps with KCC in industrial coatings and automotive finishes but operates at much larger global scale.

TypeBroad incumbent
Description

German specialty chemicals company with strong silicones and polysilicon franchises; directly comparable to KCC's post-Momentive silicones platform.

TypeBroad incumbent
Description

Major global paints and coatings company with architectural and industrial exposure; benchmark for scale economics in architectural paints, relevant to KCC's Korean franchise.

TypeBroad incumbent
Description

Global industrial and architectural coatings supplier with strong automotive OEM presence; comparable to KCC in automotive coatings and protective/industrial coatings categories.

TypeRegional player
Description

India's largest paints manufacturer; relevant given KCC's India PCB JV and broader India expansion, and as a benchmark for paint-market penetration in South Asia.

TypeDirect peer
Description

Domestic Korean paint and coatings manufacturer serving overlapping architectural, industrial, and marine coatings customers; one of the four other companies inspected by the FTC alongside KCC.

TypeDirect peer
Description

Major Asian paints and coatings manufacturer with broad industrial and architectural portfolios across Japan, China, and Southeast Asia; directly comparable to KCC's core paints franchise and regional expansion model.

TypeDirect peer
Description

Korean specialty chemicals and advanced materials company serving similar industrial customer bases in Korea; comparable diversification pattern from chemicals into semiconductor and battery materials.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

KCC

Industrial Coatings and Specialty Chemicalskccworld.co.kr

KCC Corporation is a South Korean diversified materials manufacturer producing paints, coatings, silicones, chlorinated paraffins, and construction materials. It serves automotive, construction, shipbuilding, and electronics manufacturers through B2B enterprise sales and joint ventures in South Korea, India, and Southeast Asia.

What KCC does

KCC Corporation (KRX: 002380) is a South Korean diversified materials manufacturer founded in 1974, headquartered in Seoul, and employing 1,001–5,000 people. The company's portfolio spans industrial and architectural paints and coatings, silicone products (expanded through the March 2024 acquisition of Momentive), chlorinated paraffins and silanes for industrial chemistry, and construction materials. It is identified as a leading paint manufacturer in South Korea with established market presence in automotive OEM coatings and specialty chemicals.

The company generates revenue primarily through B2B hardware sales across multiple verticals: automotive coatings and silicones for vehicle OEMs, chlorinated paraffins (PVC plasticization, flame retardants, lubricant additives) for industrial manufacturers, shipbuilding solutions via its HD Hyundai partnership (Total Hull Care autonomous hull management), and — via the ASCENT-K Circuit joint venture — advanced multi-layer PCBs for India's electronics manufacturing sector. KCC also extends its brand into consumer/lifestyle goods through partnerships such as Seoul Metropolitan Government's 'Morning Yellow' 2026 city branding initiative.

KCC's go-to-market is enterprise field sales targeting large industrial buyers, supplemented by OEM/embedded partnerships (India PCB JV, HD Hyundai hull care) and regional distribution channels in Southeast Asia for chlorinated paraffin products. Reported revenue of approximately 4.49 trillion KRW in 2025 (~$3.3B USD) places KCC in the multi-billion-dollar industrial materials segment, with a deliberately diversified horizontal segmentation strategy across chemicals, coatings, silicones, and electronics materials.

KCC firmographics

Firmographics
Name
KCC
Legal name
KCC Corporation
Website
https://kccworld.co.kr
Company type
Public
Founded year
1974
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
KCC Corporation is a South Korean diversified materials manufacturer producing paints, coatings, silicones, chlorinated paraffins, and construction materials. It serves automotive, construction, shipbuilding, and electronics manufacturers through B2B enterprise sales and joint ventures in South Korea, India, and Southeast Asia.
Ownership category
akta.pro rank

Where KCC is headquartered

Location

Headquarters

HQ city
Seocho
HQ country
South Korea
HQ region
Asia

Offices1 record

Markets served

KCC business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Chlorinated Paraffin Sales: KCC generates revenue through manufacturing and supplying medium-chain chlorinated paraffins (MCCP) for industrial applications including PVC plasticization, flame retardants, and industrial lubricant additives, with a USD 28 million annual supply partnership in Southeast Asia.
  2. Paint and Coatings Products: Revenue from production and sale of paints, coatings, and related building materials to industrial and consumer markets in South Korea and international markets.
  3. Joint Venture PCB Manufacturing: Through ASCENT-K Circuit joint venture with ASCENT, KCC participates in advanced PCB manufacturing operations in India with Rs 3,250 crore investment commitment, targeting the domestic Indian market for electronics manufacturing.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

KCC product offering

Product offering

Core offering

KCC Corporation manufactures and sells paints, coatings, silicone products, and specialty chemical materials including medium-chain chlorinated paraffins (MCCP) and silanes for industrial applications. The company serves automotive OEMs, construction companies, shipbuilders, and industrial manufacturers across South Korea and international markets in Southeast Asia and India.

Product overview

KCC is a South Korean paint and coatings manufacturer (stock code: 002380). The company produces industrial and architectural paints, and has operations in various chemical and materials sectors including silicones and chlorinated paraffins. KCC's primary product line consists of paints and coatings for construction and industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

  • KCC Paints and Coatings

Quantifiable outcome

  • USD 28 million annual MCCP supply partnership in Southeast Asia
  • +1 more outcomes

Companies that use KCC

Customer profile

Named customers3 records

Segments4 records

Ideal customer profiles4 records

KCC technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

KCC partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • ASCENT-K CircuitcoreStrategic or Co-development Partner · 27 June 2026ASCENT-K Circuit is a joint venture between KCC and India's ASCENT for advanced PCB manufacturing. KCC's partnership involves Rs 3,250 crore investment in a manufacturing facility in Jewar, Uttar Pradesh, India. The facility will produce advanced multi-layer PCBs to serve India's electronics manufacturing industry and reduce the country's Rs 40,000 crore annual PCB import dependence. The partnership is expected to generate 3,000 jobs and position India as a leading electronics and semiconductor manufacturing hub.
  • HD Hyundai GroupcoreTechnology or Integration · 17 June 2026KCC signed a memorandum of understanding with HD Hyundai Heavy Industries and five other affiliated companies and partners to jointly develop and commercialize a Total Hull Care Solution for the shipbuilding industry. The solution will be the industry's first robot- and data-driven integrated hull management system, automating hull inspection, cleaning, and performance verification using autonomous underwater robots. The initiative aims to reduce vessel fuel consumption and carbon emissions.
  • Seoul Metropolitan GovernmentminorStrategic or Co-development Partner · 26 May 2026KCC partnered with Seoul Metropolitan Government for the 'Morning Yellow' 2026 city branding initiative. KCC produces standardized paints inspired by Seoul's official 2026 city color 'Morning Yellow' and eco-friendly home goods. Products are sold at the DDP Design Store and through brand partners' online stores, extending Seoul's visual identity campaign into everyday consumer goods.
  • Southeast Asia Industrial PartnerscoreChannel Partner/ Reseller/ DistributorKCC Corporation has established a USD 28 million annual MCCP (Medium-Chain Chlorinated Paraffin) supply partnership in Southeast Asia. This partnership serves industrial applications in PVC plasticization, flame retardant, and industrial lubricant additive sectors across the ASEAN region, supporting regulatory shifts away from short-chain chlorinated paraffins under the Stockholm Convention.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

KCC competitors and assessment

Company assessment

Broad incumbents

  • BASF SE: Diversified global chemical major with a coatings segment and broad specialty chemicals portfolio (silicones-adjacent, additives); relevant comparison given KCC's Momentive silicones and chlorinated paraffins lines.
  • Akzo Nobel N.V. Global paints and coatings leader with decorative, industrial, and specialty segments; overlaps with KCC in industrial coatings and automotive finishes but operates at much larger global scale.
  • Wacker Chemie AG: German specialty chemicals company with strong silicones and polysilicon franchises; directly comparable to KCC's post-Momentive silicones platform.
  • Sherwin-Williams: Major global paints and coatings company with architectural and industrial exposure; benchmark for scale economics in architectural paints, relevant to KCC's Korean franchise.
  • PPG Industries: Global industrial and architectural coatings supplier with strong automotive OEM presence; comparable to KCC in automotive coatings and protective/industrial coatings categories.

Direct peers

  • DL Chemical: Korean petrochemicals and specialty materials company producing chlorinated paraffins, synthetic rubbers, and other industrial chemicals; directly overlaps with KCC's MCCP business.
  • Samhwa Paints Industrial: Domestic Korean paint and coatings manufacturer serving overlapping architectural, industrial, and marine coatings customers; one of the four other companies inspected by the FTC alongside KCC.
  • Nippon Paint Holdings: Major Asian paints and coatings manufacturer with broad industrial and architectural portfolios across Japan, China, and Southeast Asia; directly comparable to KCC's core paints franchise and regional expansion model.
  • SKC Co., Ltd. Korean specialty chemicals and advanced materials company serving similar industrial customer bases in Korea; comparable diversification pattern from chemicals into semiconductor and battery materials.

Regional players

  • Asian Paints Ltd. India's largest paints manufacturer; relevant given KCC's India PCB JV and broader India expansion, and as a benchmark for paint-market penetration in South Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

KCC social profiles

Digital presence

KCC financial estimates

Financial estimate

Revenue estimate

Valuation estimate

KCC leadership team

Management profile

Number of profiles

Profiles2 records

KCC funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

KCC M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KCC

What does KCC do?

KCC Corporation manufactures and sells paints, coatings, silicone products, and specialty chemical materials including medium-chain chlorinated paraffins (MCCP) and silanes for industrial applications. The company serves automotive OEMs, construction companies, shipbuilders, and industrial manufacturers across South Korea and international markets in Southeast Asia and India.

Is KCC a public or private company?

KCC is a public company. It is classified as public and is currently operating.

When was KCC founded?

KCC was founded in 1974. It employs 1,001 to 5,000 people.

Where is KCC based?

KCC is headquartered in Seocho, South Korea, in the Asia region.

How does KCC make money?

Three revenue lines are on record. Chlorinated Paraffin Sales are the primary driver. The others are paint and Coatings Products and joint Venture PCB Manufacturing.

Who are KCC's main competitors?

Broad incumbents on record are BASF SE, Akzo Nobel N.V., Wacker Chemie AG, Sherwin-Williams and PPG Industries. Direct peers are DL Chemical, Samhwa Paints Industrial, Nippon Paint Holdings and SKC Co., Ltd.. Asian Paints Ltd. is listed as a regional player.

Does KCC have an API?

No public API is recorded for KCC.

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Live signals
NateKCC건설, '향남역 그로브 스위첸' 12일 특별공급…933세대 청약 시작 : 네이트 뉴스KCC's '향남역 그로브 스위첸' model home opened on Oct 8, with special supply on Oct 12 and first-priority application on Oct 13. The 933-unit development in Hwaseong City offers units from 71 to 147 sqm, with entry in June 2029.NaverKCC건설, ‘향남역 그로브 스위첸’ 12일 특별공급…933세대 청약 시작KCC's '향남역 그로브 스위첸' model home opened on Oct 8, with special supply on Oct 12 and 1st-priority application on Oct 13. The 933-unit development in Hwaseong will have special supply, 1st and 2nd priority applications, and winner announcement on Oct 20.NaverKCC건설 ‘향남역 그로브 스위첸’ 견본주택 개관… 13일 1순위 청약KCC's model home for 'Hwangnam Station Grove Switchen' opened on August 8, with extended hours to accommodate workers. Applications begin October 12, with first-priority on October 13, and the project is located near industrial parks and schools.Nate[단독] "1100억으로 1.2조 수익 냈습니다"…주식으로 대박낸 회장님 : 네이트 뉴스Choi Kyu-ok, former Ostem Implant chairman, bought Juseong Engineering shares at about 20,000 won per share, and the stock has risen over 10 times, making him the second-largest shareholder. He invested about 110 billion won, and his stake is now worth about 12.6 trillion won. Other executives like Kwak Dong-sin and KCC also profited from stock investments.NateKCC건설, '향남역 그로브 스위첸' 견본주택 개관 : 네이트 뉴스KCC Construction announced the launch of 'Hwangnam Station Grove Switchen' in Hwaseong, Gyeonggi-do, on September 9. The 933-unit development spans 7 buildings with 71-147 sqm units, priced at 500 million won for 84 sqm. Pre-registration begins September 12, with entry in June 2029.NateKCC건설 '향남역 그로브 스위첸' 견본주택, 흥행 열기에 야간 개장 : 네이트 뉴스KCC Construction extended night hours at its 'Hwangnam Station Grove Switchen' model home to accommodate more visitors. The 84㎡ unit is priced at 5.5 billion won with 5% down payment and 60% interest-free mid-payment. Special supply begins Oct 12, with first and second priority applications on the 13th and 14th.Naver타일 대신 PVC 바닥재 찾는 소비자…KCC글라스 포레스톤 이어 현대L&C·LX하우시스도 스톤 패턴 확대PVC flooring brands KCC, Hyundai, and LX are expanding stone-pattern designs to match tile aesthetics. KCC's FORESTONE, Hyundai's SO-RIGEUM 5.0, and LX's EX-COMFORT feature large stone patterns and wood designs. The shift reflects consumers prioritizing design and function over price and installation convenience.NateKCC건설 하청 근로자, 사망사고…노동부, 수사 착수 : 네이트 뉴스The Ministry of Employment and Labor launched an investigation into the death of a KCC subcontractor worker in a road construction site accident. The worker, A, was crushed by a rolling roller during road compaction work in Paju, Gyeonggi Province, on the morning of the 8th. The ministry will investigate violations of the Industrial Safety and Health Act and the Major Accident Punishment Act.NaverKCC건설 하청 근로자, 사망사고…노동부, 수사 착수A KCC construction subcontractor worker died on an 8th in Paju, Gyeonggi, after a tire roller rolled down a slope during road compaction. The labor ministry ordered a work stoppage and is investigating violations of the Industrial Safety and Health Act and the Major Accident Punishment Act.NateKCC 건설, 화성 향남에 '향남역 그로브 스위첸' 분양 : 네이트 뉴스KCC is selling the 'Hwangnam Station Grove Switchen' development in Hwaseong, featuring 7 buildings with 933 units. The 84㎡ units are priced in the mid-500 million won range, with a 6-month pre-sale restriction. The project is near Hwangnam Station and the Seohaean Expressway, with entry expected in June 2029.